Libya Leads Africa in Proven Oil Reserves, Holding 48.36 Billion Barrels
Discover the top 10 African countries with the largest proven oil reserves in 2025, with Libya ranking 9th globally and Nigeria following closely behind.
Energy
Libya Tops List of African Countries with Lowest Diesel Prices in 2024
Discover the top 10 African countries with the lowest cost of diesel in 2024, with Libya leading the list, according to GlobalPetrolPrices.
Lowest Diesel Prices in Africa: Libya Tops the List at $0.030 per Liter
Discover the top 10 African countries with the lowest diesel prices at the start of 2025, with Libya ranking first at $0.030 per liter, according to data from GlobalPetrolPrices.
Lowest Fuel Prices in Africa: Libya Tops the List at $0.031 per Liter
Discover the top 10 African countries with the lowest fuel prices, with Libya ranking first at $0.031 per liter, and explore the factors contributing to affordable fuel costs in these nations.
Massive California Battery Power Plant Engulfed in Flames, Sparking Evacuation and Concerns
A massive battery power plant in Central California has caught fire, prompting evacuations and raising concerns about the safety of renewable energy storage facilities.
Meta Joins Nuclear Energy Bandwagon to Power AI Ambitions
Meta seeks partners to develop nuclear energy for its AI goals, following Amazon, Microsoft, and Google in the pursuit of cleaner power sources.
Namibia's Oil Prospects Take a Hit as Shell Writes Down Offshore Discovery
Shell announces a $400 million write-down of its offshore oil discovery in Namibia, citing technical and geological challenges, dealing a blow to the country's ambitions to become a crude oil producer.
Nigeria Boosts Refining Capacity with New 10,000-Barrel Facility
Nigeria expands its refinery network with a new 10,000-barrel facility in Delta State, aiming to increase domestic refining capacity and reduce economic and security implications of exporting crude oil.
Nigeria Emerges as Leading Destination for Oil and Gas Investments in Africa
Nigeria attracts $13.5 billion in oil and gas investments in 2024, driven by policy changes and strategic partnerships, solidifying its position as a top destination for energy investments in Africa.